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The SPAC market continues to inch along at a slower and smaller pace, but there is little excitement at the moment for any participant.
Ritchie Bros. Auctioneers (RBA) successfully completed its acquisition of IAA Inc. (IAA), fending off shareholder fights.
Biogen Inc. (BIIB) chairman Stelios Papadopoulos will not stand for reelection at the annual meeting, and other highlights of the day.
We recap the SPAC market activity for February 2023 — including an increasing pace and amount of deSPAC bankruptcies.
Salesforce Inc. (CRM) surges after hours following earnings amidst potential activist activity and today’s SPAC, IPO, and Exec News.
American Airlines (AAL) announces its new chairman of the board as Gregory D. Smith, the former CEO of Boeing (BA).
Rubicon Technologies (RBT) CEO Jevan Anderson resigned, Marblegate is merging with itself, and the rest of the day’s digest.
Nelzon Peltz and Trian dropped their proxy fight against Walt Disney Co. (DIS) following Disney’s cost cutting, reorg, and board appointments.
Amidst a proxy fight with Trian, Walt Disney Co. (DIS) announced that it will cut ~7k jobs as part of a $5.5B cost savings plan.
It was a slower month to kick off the year for SPACs. In what stands to be a pivotal year for the future of the market, we recap January.